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Population

Alabama has a population of approximately 4,997,675 and experiences a population change rate of 12.38%. The population density is 98.7 / sq mi .

Household

The median household income for Alabama is $54,943, with 1,902,983 households and an average household size of 2.57.

Home Value

The median value of a home in Alabama is $214,000 with an appreciation rate of 17.30%. 57.96% of housing in the state is owned while 25.56% is rented.

Cost of Living

The cost of living in Alabama is 88.6 %.

Employment

The unemployment rate in Alabama is 1.70%, and recent job growth is at 1.31%. Future job growth is projected at 39.83%.

Taxes

The sales tax rate in Alabama is 10.00%, while the income tax rate is 5.00% .

Education

School expenditures in Alabama are $11,416, and the school ratio is 19.7:1.

Weather

The average high temperature in July is 90.5 degrees, with an average low temperature in January of 33.1 degrees. The average rainfall is approximately 56.3 inches per year, with 0.7 inches of snow per year.